Glass spot market prices are basically stable

I. Price trend

According to the monitoring of the business agency, the glass spot market price is basically stable, and the average glass price last week was 38.62 yuan/square meter.

Second, market analysis

The spot market price of glass is basically stable. In terms of regions, North China Shahe’s recent shipments have slowed down, market prices are more flexible, and manufacturers’ inventories have increased, but their mentality is better, and prices are relatively stable, which are the main reasons for shipments. In the East China Glass spot market, the trading atmosphere was weak, the delivery speed slowed down, and the quotations were stable. Glass shipments in southern China are acceptable and prices are stable. Glass shipments in South China are good, inventories are declining, and individual companies have raised their glass prices. Downstream demand is dominated, and quotations have shown an upward trend. The inventory of glass manufacturers in the northeast region increased slightly, but it was still in the low inventory range. The market transaction volume weakened and downstream demand was the main focus. The glass market in the southwest region is trending upward, and the market price in the Yunnan-Guizhou region is rising. The glass market in Northwest China is trending generally, and the market has not changed much. Generally speaking, manufacturers are mainly price stable, and downstream are on-demand purchases, so traders are more flexible in transactions.

In terms of production capacity, last week, the second phase of the sixth kiln of Anhui Flat (601865) was successfully ignited. According to industry statistics, as of the week of August 19, the total inventory of glass sample companies nationwide was 22,576,200 heavy boxes, an increase of 9.65% month-on-month and a year-on-year decrease of 27.76%. ), the inventory days are 10.89 days. As of August 18, there were 294 glass production lines (58,120,500 tons/year) after excluding the zombie production lines in China, of which 264 were in production and 30 were discontinued after cold repair. The operating rate of the float industry enterprises was 89.80%, and the capacity utilization rate was 90.40%.

In terms of soda ash, domestic soda ash is generally strong. Recently, the maintenance of soda ash enterprises has been completed one after another, the operating rate of enterprises has increased slightly, the enterprises are actively shipping, and the trading atmosphere is acceptable. The downstream glass prices have been firm recently. Recently, glass purchases soda ash according to demand, and is still holding a wait-and-see attitude towards high-priced soda ash. The two sides are still playing a game on prices. Comprehensive prediction, soda ash will still be relatively strong in the later stage. Up to now, the price of light soda ash is about 2,225 yuan/ton, and the price of heavy soda ash is about 2,483.33 yuan/ton.

3. Market outlook forecast

According to the forecast of the business agency, the spot market price is basically stable, and the overall market trading atmosphere is relatively mild. Downstream on-demand procurement, manufacturers focus on price stability, and traders are more flexible in transactions. Upstream, prices of liquefied natural gas and soda ash have risen. Cost support is acceptable. In the short term, the glass market is dominated by stable finishing operations.